Black Lion has purchased an iconic hospitality destination in the high-demand South of Fifth neighborhood for $11.5 million. Located at 200 South Pointe Drive, the property is directly in front of the luxury Continuum residences and within walking distance from the beach and South Pointe Park. It is Black Lion’s latest addition to its diverse portfolio of stunning concept restaurants, luxury rooftop bars, elevated dining and nightlife experiences, and family-forward shopping complexes.

The 12,000 square foot venue of prime mixed-use retail/restaurant space features an open and multi-storied layout. Highlights of this property include 19’-22’ ceilings, an outdoor courtyard, and a rooftop lounge. Formerly Cibo Wine Bar South Beach, it was purchased from developer Ian Bruce Eichner of The Continuum Company. Phil Gutman of PGutman, LLC and Pablo Camposano of Colliers International brokered the venue.

“We are excited to introduce something special to Miami Beach,” shares Robert Rivani, President of Black Lion. “Through relationships with high-caliber hospitality groups, we are able to create once-in-a-lifetime opportunities that set the precedent for up and coming cities and curate unique lifestyle experiences at our properties. The soon-to-be-announced concept at 200 South Pointe Drive is no exception.”

Black Lion is inspired by Miami’s energetic lifestyle and presently focuses on hospitality ventures in the South Florida market. The company has recently announced several Miami projects including Brickell Bay Boardwalk, Wynwood Jungle, Amara at Paraiso in Edgewater, new venues at Marea South Beach, and a yet-to-be-named restaurant concept on the ground level of the SLS LUX in Brickell.

The post Black Lion’s Latest Hospitality Investment Is An $11.5 Millon Restaurant Space In Miami Beach’s South of Fifth Neighborhood appeared first on Haute Residence by Haute Living.